The coming crash in the housing market
Subtitle: 10 things you can do now to protect your most valuable investment
By: John R. Talbott
Publisher: McGraw-Hill
Published: 2003
Place of publication: New York
Language: eng
Number of pages: 195
ISBN-13: 9780071422208
Subjects: Prices; Housing
Notes: Includes index.
Table of contents: title: The coming crash in the housing market. Housing prices certainly look awfully high. High relative to what? How much debt do you have? Why a crash is likely. A false sense of security. Are high home prices a regional or national problem? Similarities to other spectacular crashes. How will it begin? How bad can it get? Summary and conclusion; title: And what you can do about it. Action item #1: Decrease your exposure to residential real estate. Action item #2: Move from a high-priced area to a lower-priced area. Action item #3: Manage your debt leverage better. Action item #4: Hedge your exposure to residential real estate. Action item #5: Plan now in case of major transition event. Action item #6: Examine other contingency plans. Action item #7: Maintain adequate insurance. Action item #8: Investigate bankruptcy protections now. Action item #9: Become more civically involved. Action item #10 Reassess your life's priorities.